Supply and Demand Teacher Resources
Find Supply and Demand educational ideas and activities
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Supply and demand can be a complicated concept for some students, and this resource makes the topic interesting and accessible. Economics classes may enjoy using case studies of Hula Hoops and Silly Bandz to learn about this concept. They first watch a clip about the Hula-Hoop demand in the 1950s-60s, and then discuss questions about supply and demand. Next, the class watches a clip about the makers of Silly Bandz and read relevant news stories. Applying what they learn from the Hula-Hoop segment, they answer questions about Silly Bandz' price point. All of the necessary links are included, as is a final assessment.
Kids consider the economic concepts of goods, services, supply, and demand by assessing the impact toy fads have on consumer behavior. They watch a clip from the film Hudsucker Proxy, discuss Hula-Hoops and Silly Bandz, then use those toy fads as case studies for equilibrium price, and supply and demand.
Happy Meals® may have been popular because of the coveted prize that came with the fries. Mathematicians analyze a fictitious BurgerRama campaigning to sell cartoon-character dolls. They graph sales on a chart. In doing so, they examine linear equations for supply and demand. Links to three associated worksheets and a detailed lesson plan are embedded into this website.
In this recognizing supply and demand activity, students read how business owners make decisions, identify vocabulary words supply, demand, profit, and expenses, and observe a table showing how price affects demand to answer questions. Students solve two consumer math problems.
In this supply and demand worksheet, learners read about supply and demand and the impact these can have on a new business. They then answer the 9 questions in the packet. The answers are at the end of the packet.
Research supply and demand with your young economists. In this lesson, learners build knowledge on how to earn, spend, and save money through a role-play activity. They practice "buying" things with play money.
Students create and solve a system of linear equations in a real-world setting. By solving the system, students will find the equilibrium point for supply and demand. Students should be familiar with finding linear equations from two points.
Students define economic terms, list three conditions that must be present in order for demand to exist, define law of supply and demand, differentiate between buyer's and seller's markets, examine concept of elasticity, view tutorial on Virtual Economics, answer questions on consumer questionnaire, and compile results in spreadsheet format.
Investigate the wonders of supply and demand curves. Learners create and graph supply and demand curves, and as a class, discuss the properties of the curves. They investigate how price affects the quantity demanded and supplied and discuss what factors may cause changes in the demand and supply curves.
In this Economics worksheet, students assess their knowledge of the concepts, definitions, and graphs associated with supply and demand. The fourteen page worksheet contains forty multiple choice problems. Answers are not included.
In this economics worksheet, students respond to 27 fill and the blank and multiple choice questions about market supply and demand as well as equilibrium prices.
Students learn that the price of an item is defined by its supply and demand. In this lesson students graph the relationship between demand and supply of various products, students also consider hidden costs.
Students explain factors that affect supply and demand, find linear equations for given set of supply and demand data, and find the equilibrium point for a system of supply and demand equations. They translate between table, graph and equation repres
Students examine the role of supply and demand during the Gold Rush. In groups, they predict price increases when using different scenerios. They use the internet to complete an interactive activity. They also answer discussion questions to complete the lesson.
Students explore economic concepts. In this supply and demand lesson, students learn about supply and demand through the exploration of the California Gold Rush. Students use online activities to transport back to the time of the gold rush and read factual examples of supply and demand at work. Students write a paragraph on a recent fad that resulted in a shortage of that item.
Fourth graders explore the concept of economic goods and bads, and scarce items as it relates to the factors that affect our economy. In this supply and demand lesson, 4th graders are introduced to vocabulary that pertains to supply and demand. Students then discuss the causes that make prices change and work in groups to answer specific questions on a worksheet.
In this lesson, you will first examine the factors that change supply and demand for products. You will see how changes in supply and demand affect prices and quantities sold. Then you will analyze actual news stories to determine how changes in supply an
Tenth graders define the terms supply and demand. They identify what happens when demand exceeds supply. They explain how supply and demand affects choices such as: careers, types of cars made, etc.
Learners investigate the concept of supply and demand and determine how it relates to their everyday life. They explain how economic stability or affluence affect supply and demand.
Pupils explore social studies. In this economics lesson, students understand the concept of supply and demand and how it affects consumers in every day life. They work as a class to participate in an auction style game.